One of the (many) great things from the Marqeta S-1, is the visibility into transaction economics ๐ฅฐ
80bp for the issuer (e.g. Square, DoorDash)
25bp for the card network
20bp for Marqeta
3bp for the partner bank ๐
Tells you all you need to know :)
Affirm is launching ability for users to buy & sell #crypto, adding debit cards.. moving towards what it describes as financial services 'super app' at investor day $AFRM ๐ฑ
PayPal, Square, Robinhood, SoFi talk about a pretty similar vision ๐
The use cases for the @Square Cash App continue to grow, with the payment company stacking on contactless point of sale payments.
https://t.co/ad3TzvEL05
Excited to share my podcast with @avrum, VP Product at @Wealthsimple and a great product mind.
We discuss:
- Microsoft -> Freshbooks -> WS
- ๐projects
- Product leadership philosophies
- Why WS has so many damn apps
๐๐https://t.co/4kGzehFsE3
apple: https://t.co/Mib1AFWTST
Roblox is a company that sits at the intersection of gaming and the creator economy.
It has also been building the metaverse for 17 years.
Naturally, I have to do a deep dive.
New post and thread below:
https://t.co/QpaeuGGy9L
Dear @ebay@paypal@coinbase, if you can figure out how all of my eBay sales can turn into Bitcoin... I will be delighted. ๐คฉ
I've always loved eBay for creating modern alchemy: turn old tech sitting in a drawer into gold. But if you can actually turn it into Bitcoin... ๐
So many fintech products are basically UI arbitrage: financial services companies have inscrutible interfaces, so startups paper over them to simplify the experience.
What are compelling fintech projects actually building better rails?
u canโt sell houses u donโt own
u canโt sell cars u donโt own
but
u *can* sell stock u donโt own!?
this is bs โ shorting is a scam
legal only for vestigial reasons
Nature is the most effective technology available to save the planet. Itโs time we stopped overlooking our biggest potential ally in the climate fight: https://t.co/pOpQblHuzt